Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
Deputy Defense Secretary Kathleen Hicks is scheduled to meet with the Pentagon's top eight defense contractors this week to discuss industrial base issues including the surging demand for U.S. weapons in Ukraine, supply chain bottlenecks and labor challenges.
Bollinger Shipyards announced it has reached a "definitive agreement" to acquire shipbuilders VT Halter Marine and ST Engineering Halter Marine Offshore from their parent company, ST Engineering North America.
TOWSON, MD -- Defense Department officials are planning to award their multivendor, multicloud enterprise solution contract by the middle of next month, following a delay that pushed the announcement back by more than half a year.
Shipbuilder and defense technology company HII reported moderate effects from inflation and touted strong visibility across its shipbuilding portfolio, especially for its submarine programs, during the company’s third quarter earnings call.
The Army's use of an alternate acquisition pathway to develop its new light tank required General Dynamics Land Systems to invest in materiel ahead of time and harness insights from soldier testing to win a production contract, company officials said.
Armed with their first task order under the Defense Enclave Services contract, Leidos executives are laying the groundwork for consolidation and integration work across an initial slate of five agencies as they prepare to gradually ramp up efforts to unify the Pentagon's Fourth Estate IT environments.
The five companies that participated in the concept design phase for the Army's Optionally Manned Fighting Vehicle all submitted proposals for the next phases of the competition ahead of a Nov. 1 deadline, they confirmed to Inside Defense.
Aerojet Rocketdyne has conducted the post-boost propulsion system critical design review for the Sentinel nuclear missile program, the company said in its third quarter earnings call.
Midterm elections will be held this week. Meanwhile, senior defense officials are slated to speak at several events.
Army testers are readying a final assessment of Integrated Air and Missile Defense operational effectiveness, suitability and survivability after completing a major appraisal, setting the stage for an early 2023 full-rate production decision and a pivot to follow-on development that includes integration with the F-35 fighter and the Terminal High Altitude Area Defense system.
The Defense Department wants a new over-the-horizon radar to be operational by 2027 to detect and decrease risk from potential Russian and Chinese cruise missile strikes against U.S. critical assets and plans to brief industry in early December on a new homeland defense sensor competition that will launch next summer to support this goal.
Midterm elections this week are poised to set off a political game of musical chairs on Capitol Hill that could have significant impacts on defense issues ranging from topline spending to Ukrainian military aid to U.S. shipbuilding.